To clarify re dividends - s254T of the Corps Act stipulates that dividends may only be paid out of profits (this includes retained) - so don't expect divs for a while out of MNF.
Engin launched 4 years ago - 2004, not 8.
To conclude my discussion on this topic, the thing that has enticed me to make a small investment in ENG is:
1. The revenue base is $20m 2. Losses are reducing Q1: -4.2 Q2: -4.2 Q3: -2.7 Q4: -1.0 3. They have invested in infrastructure to handle scale
Over and out.
ENG Price at posting:
0.0¢ Sentiment: None Disclosure: Held